Property Overview
This 1911 two-and-a-half storey home on Grosvenor Avenue in Crescentwood offers a classic Winnipeg character home experience. With 2,008 square feet of living space, it sits on a 4,529 sqft lot and features a detached garage. The home presents a balance of historic charm and practical space, positioned in a desirable, established neighbourhood.
Key Characteristics & Appeal
The primary appeal of this property lies in its location within the sought-after Crescentwood area, known for its mature streetscapes and central convenience. The home itself is a solid, average-sized character property for the neighbourhood, offering more interior space than the typical Winnipeg home. Its assessed value is modest relative to the area, which could signal an opportunity for a buyer willing to invest in updates. The unrenovated basement and the home's age (115 years) indicate a property that retains its original layout and likely requires modernization, making it a candidate for a thoughtful renovation.
This home would best suit a buyer who values location and character over turn-key condition. It's a practical fit for someone looking to enter a premium neighbourhood at a potentially lower entry point, with the vision and budget to tailor the home to their needs over time. It appeals to those who appreciate the architectural heritage of early 20th-century homes and are prepared for the maintenance and updating that comes with them.
Frequently Asked Questions
1. What does "unrenovated basement" typically mean for a house of this age?
It usually indicates the basement retains its original, functional state—likely with a concrete floor, stone or block foundation walls, and basic utilities. It offers potential for development but would require significant investment to finish as living space.
2. How does the lot size compare to others in the area?
At 4,529 sqft, the lot is below the average for both Grosvenor Avenue and the wider Crescentwood neighbourhood. This means smaller outdoor space but potentially less maintenance. The lot is still a good size city-wide.
3. The home last sold in 2019 for $47.5k, but the assessed value is now $56.80k. What does this indicate?
The 2019 sale price is unusually low and may have been part of a non-arms-length transaction (like between family members) or for a partial interest. The current assessed value is a more reliable indicator of its municipal valuation for tax purposes, which is around average for the street.
4. What are the implications of a 115-year-old home?
Expect older building materials, systems, and layouts. While offering charm, it necessitates thorough inspections for the foundation, wiring, plumbing, and insulation. Energy efficiency may be lower than modern standards, but there is also often a robustness in the original craftsmanship.
5. Is the detached garage a benefit or a drawback?
This is largely personal preference. A detached garage provides separation and can be ideal for a workshop or to reduce noise. However, it is less convenient than an attached garage during Winnipeg winters. Its condition and potential for upgrade should be considered.